Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
British Pound/Khazanah Sukuk (FOREX:GBPLFX)
Bull Market Weakness (+75) - GBPLFX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPLFX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GBPLFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPLFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPLFX
The long-term trend has been DOWN since Sep 29th, 2021 at 2.65925
The intermediate-term trend has been UP since Oct 15th, 2021 at 2.69465
The short-term trend has been UP since Oct 14th, 2021 at 2.68345
Smart Scan Analysis for GBPLFX
Based on our trend formula, GBPLFX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).